Closed

$36,000

504 S Franklin Ave, Montpelier, IN 47359

2beds

1,227sqft

Single Family Residence

Built in 1940

5,227 Square Feet Lot

$58,400 Zestimate^®

$--/sqft

$1,022 Estimated rent

Home value

$58,400

$44,000 - $75,000

$1,022/mo

Zestimate^® history

Owner options

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$1,022/mo

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$1,022/mo

Rent Zestimate^®

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$177/mo

Est. payment

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$177/mo

Est. payment

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What's special

Detached garageNew drywallNew wiringNew pex water linesBack doorScreen doorNewer hot water heater

Ready for your next Fix or Flip? This Unique 1940's Fixer upper has a good portion of the work already started for you! Back door, Screen door & a Majority of the windows were installed in 2017 with a transferable lifetime warranty! 2/3 of the home has been reinsulated with Spray foam or blow in. New Pex water lines with manifold in 2017. Newer Hot Water Heater. New wiring with an updated 200 amp electrical panel in 2019 with an additional 100 amp panel in the detached garage! New drywall has been hung throughout over the years and is ready to be finished! Seller had a New sewer line ran from the house to the street recently. There is also a Detached 14x22 Garage for Extra Storage! This 2 Bed 1 Bath home is Awaiting your finishing touches! Home is being sold AS-IS so Cash or Construction financing only! There is so much potential with this property! Schedule a showing for your next Investment today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 2

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Kitchen

Level: Main
Area: 162
Dimensions: 9 x 18

Living room

Level: Main
Area: 299
Dimensions: 13 x 23

Heating

Baseboard

Cooling

None

Appliances

Included: Range/Oven Hook Up Elec, Electric Water Heater
Laundry: Electric Dryer Hookup, Main Level, Washer Hookup

Features

Ceiling Fan(s), Laminate Counters, Open Floorplan
Flooring: Hardwood, Laminate
Windows: Window Treatments
Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 1,227
Total interior livable area: 1,227 sqft
Finished area above ground: 1,227
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Detached, Gravel
Garage spaces: 1
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Porch Covered
Fencing: Wood

Lot

Size: 5,227 Square Feet
Dimensions: 60X88
Features: Corner Lot, Sloped, City/Town/Suburb

Details

Parcel number: 050209101063.000002

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Aluminum Siding
Foundation: Slab, Stone
Roof: Asphalt

Condition

New construction: No
Year built: 1940

Utilities & green energy

Electric: Indiana Michigan Power
Sewer: City
Water: City

Community & HOA

Community

Subdivision: None

Location

Region: Montpelier

Financial & listing details

Tax assessed value: $70,500
Annual tax amount: $475
Date on market: 4/27/2024
Listing terms: Cash

Price history

Date	Event	Price
4/26/2024	Sold	$36,000-9.8%
Source: IRMLS #202340434 Report a problem
4/23/2024	Pending sale	$39,900
Source: IRMLS #202340434 Report a problem
11/3/2023	Listed for sale	$39,900
Source: IRMLS #202340434 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$51 -90.7%	$70,500 +12.6%
2024	$554 +26.1%	$62,600 -8.3%
2023	$439 +44.4%	$68,300 +19.4%
2022	$304 +5%	$57,200 +38.8%
2021	$290 +20.2%	$41,200 +2.5%
2020	$241 +6.6%	$40,200 +9.5%
2019	$226 +8.3%	$36,700 +5.2%
2018	$209 -4.4%	$34,900 +0.9%
2017	$218 -11.2%	$34,600 -4.4%
2016	$246 -3.9%	$36,200 -13.4%
2014	$256 +5%	$41,800 -4.3%
2013	$244 +11.3%	$43,700 +1.9%
2012	$219 +34.9%	$42,900 +17.5%
2011	$162 -15.7%	$36,500 -2.9%
2010	$192 -8.1%	$37,600 -8.3%
2009	$209	$41,000 +3.5%
2007	--	$39,600 +17.5%
2006	--	$33,700 +2.4%
2004	--	$32,900